Oil markets stabilized on Monday after slumping around 2 percent last Friday on concerns over an intensifying trade dispute between the United States and China, as well as increased U.S. drilling activity. Markets on Monday were also eyeing the situation in Syria after reports – denied by the Pentagon – that U.S. forces had struck a major air base there. U.S. WTI crude futures CLc1 were at $62.34 a barrel at 0355 GMT, up 28 cents, or 0.45 percent, from their previous settlement. Brent crude futures LCOc1 were at $67.43 per barrel, up 32 cents, or 0.5 percent. Oil prices fell about 2 percent on Friday after U.S. President Donald Trump threatened new tariffs on China, reigniting fears of a trade war between the world’s two largest […]